Trudeau's Push to Double Housing Starts in Doubt as Pace Falls [BNN Bloomberg (Canada)]
Cabot Corporation (CBT)
Last cabot corporation earnings: 2/3 04:16 pm
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Source: BNN Bloomberg
Builders started work on an annualized 240,229 units in April, according to data released Wednesday by the Canada Mortgage and Housing Corp., in line with expectations of economists in a Bloomberg survey. The 0.8% monthly drop brings the six-month moving average to 238,585 units, the weakest half-year stretch for home building since last June. Construction was split between 53,900 single detached and 186,300 multiple units in April, CMHC says. Regionally, starts fell 0.8% in Ontario, the country's largest province. Quebec and British Columbia recorded declines of 13% and 11% respectively. “The multi-unit volatility observed in Toronto, Vancouver and Montreal in recent months is unsurprising as we continue to see last year's challenging borrowing conditions reflected in multi-unit housing starts numbers,” Bob Dugan, CMHC's chief economist, said in the release. “We expect to see continued downward pressure in these large centers.” The data show few signs that housing constructi
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- Montreal Region Reports Solid Activity in May Led by the North Shore [Yahoo! Finance]Yahoo! Finance
- Montreal Region Reports Solid Activity in May Led by the North Shore [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Federal government launches new $1.5 billion program to build a new generation of co-op housing [Yahoo! Finance]Yahoo! Finance
CBT
Earnings
- 5/6/24 - Beat
CBT
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 144
- 5/15/24 - Form 144
- CBT's page on the SEC website